Tuesday, September 1, 2015

Market Timing Update (9/1/15)

[EOD] Stocks -
At a larger degree, SPX is retesting the purple megaphone TL (Chart 1). At a smaller degree, SPX has retraced Fib618 of the rebound and is retesting the blue breakout TL (Chart 2). Let's see if these potential support areas hold.

[9am] ES update -
Continued pullback in ES overnight. See chart.